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Similar Questions
2022
Exam:UPSC CSE
Paper:Prelims GS
Topic:Economics
Difficulty:medium

With reference to the Indian economy, consider the following statements:

  1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
  2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
  3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.
    Which of the above statements are correct?
2021
Exam:UPSC CSE
Paper:Prelims GS
Topic:Economics
Difficulty:medium

Consider the following statements:

  1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
  2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.
  3. The Governor of the RBI draws his power from the RBI Act.
    Which of the above statements are correct?
2024
Exam:UPSC CSE
Paper:Prelims GS
Topic:Current Affairs (Economic s)
Difficulty:medium

Consider the following statements in respect of the digital rupee:

  1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.
  2. It appears as a liability on the RBI's balance sheet.
  3. It is insured against inflation by its very design.
  4. It is freely convertible against commercial bank money and cash.
    Which of the statements given above are correct?
2022
Exam:UPSC CSE
Paper:Prelims GS
Topic:Economics
Difficulty:medium

With reference to the Indian economy, what are the advantages of 'Inflation-Indexed Bonds (IIBs)'?

  1. Government can reduce the coupon rates on its borrowing by way of IIBs.
  2. IIBs provide protection to the investors from uncertainty regarding inflation.
  3. The interest received as well as capital gains on IIBs are not taxable.
    Which of the statements given above are correct?
2015
Exam:UPSC CSE
Paper:Prelims GS
Topic:Economy
Difficulty:medium

With reference to inflation in India, which of the following statements is correct?

Q. 18
DiscussAttempt
UPSC CSE • 2022 • PRELIMS GS
Economics
Medium

With reference to the Indian economy, consider the following statements:

  1. If the inflation is too high, the Reserve Bank of India (RBI) is likely to buy government securities.
  2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market.
  3. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars.
    Which of the statements given above are correct?

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2, and 3

Kepler. Discussing PYQs. Q.no. 18